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615 S Columbus Ave
Glendale, CA 91204
Assumable Financing Available at 5.18% · Multifamily Property For Sale
·
13 Units
Investment Highlights
- Over $900,000 Spent on Capital Expenditures.
- 8 Garages & 5 Surface Spaces Provide Current Income.
- RUBS Program in Place; Low Operating Expenses.
- Trophy Asset Located 5 Blocks from the Glendale Americana.
- Opportunity to Drive Additional Revenue By Converting Garages into 3 ADUs.
- Assumable Financing Available Through Freddie Mac at 5.18%.
Property Facts
| No. Units | 13 | Building Size | 8,620 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1923 |
| Building Class | C | Parking Ratio | 1.51/1,000 SF |
| Lot Size | 0.43 AC | ||
| Zoning | GLR4YY - Multiple Dwelling | ||
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 8,620 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1923 |
| Parking Ratio | 1.51/1,000 SF |
| Zoning | GLR4YY - Multiple Dwelling |
Amenities
Unit Amenities
- Heating
- Kitchen
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | 400 |
| 1+1 | 12 | - | 685 |
Property Taxes
| Parcel Number | 5696-014-040 | Improvements Assessment | $1,177,808 |
| Land Assessment | $1,764,313 | Total Assessment | $2,942,121 |
Property Taxes
Parcel Number
5696-014-040
Land Assessment
$1,764,313
Improvements Assessment
$1,177,808
Total Assessment
$2,942,121
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